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Quicktake: HFE on NFP

DATA REACT
High Frequency Economics (HFE) economists note while the recovery in labor market continues, "virus variants remain a risk."
  • "In terms of the Fed, the data support Chair Powell's more patient stance on tapering. Officials will probably be more inclined to wait for more data before deciding on when a tapering announcement and an actual scaling back of asset purchases may be appropriate."

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